Similar Search Results

Alghalith, Moawia - In: Journal of Risk Finance 8 (2007) May, pp. 309-312

Purpose – The purpose of this paper is to generalize input-hedging models. Design/methodology/approach – Using a general utility function and general probability distributions, the paper extends the Paroush-Wolf and Alghalith theoretical models by including two risky (hedged) inputs....

Persistent link: https://www.econbiz.de/10004966331

Human resources control systems and performance: the role of uncertainty and risk propensity

Verano-Tacoronte, Domingo; Melián-González, Santiago - In: International Journal of Manpower 29 (2008) May, pp. 161-187

Purpose – The purpose of this research is to study the relationship between the HR control system and organizational results, examining the moderating effect of uncertainty and HR risk behavior. Design/methodology/approach – The study analyzes the relationship between HR control systems and...

Persistent link: https://www.econbiz.de/10004978961

Development and introduction of the Risk-Sentience Auxiliary Framework (RSAF) as an enabler to the iso 31000 and iso 31010 for high-risk environments

Selvaseelan, Jerry - In: Administrative Sciences 8 (2018) 2, pp. 1-22

The aim of this study was to develop, implement, and evaluate a new auxiliary enterprise risk management framework and process to serve as an enabler to the global ISO 31000 risk framework and ISO 31010 processes. This framework has been designed particularly for use within high-risk...

Persistent link: https://www.econbiz.de/10012611978

Value-at-risk with info-gap uncertainty

Ben-Haim, Yakov - In: Journal of Risk Finance 6 (2005) November, pp. 388-403

Purpose – To study the effect of Knightian uncertainty – as opposed to statistical estimation error – in the evaluation of value-at-risk (VaR) of financial investments. To develop methods for augmenting existing VaR estimates to account for Knightian uncertainty....

Persistent link: https://www.econbiz.de/10005002435

The effects of inflation uncertainty: some international evidence

Rahman, Sajjadur; Serletis, Apostolos - In: Journal of Economic Studies 36 (2009) October, pp. 541-550

Purpose – The purpose of this paper is to examine the effects of inflation uncertainty on real economic activity using data from four industrialised countries. Design/methodology/approach – The paper uses the econometric framework developed by Elder in the context of a multivariate framework...

Persistent link: https://www.econbiz.de/10008476181

Uncertainty and social discounting for the very long term

Evans, David - In: Journal of Economic Studies 36 (2009) October, pp. 522-540

Purpose – The purpose of this paper is to examine uncertainty in the social discount rate and explore the conditions favouring the application of higher present value welfare weights in the cost-benefit analysis (CBA) of very long-term social projects. The plausibility, or otherwise, of these...

Persistent link: https://www.econbiz.de/10008481965

Management control systems: a model for R&D units

Silaen, Parulian; Williams, Robert - In: Accounting Research Journal 22 (2009) November, pp. 262-274

Purpose – The purpose of this paper is to develop a proposal for a new conceptual framework for management control systems (MCS) in R&D units. Design/methodology/approach – The paper is a descriptive study that reviews the control literature and proposes an MCS framework in the light of four...

Persistent link: https://www.econbiz.de/10008490143

Effect of 9/11 on the conditional time-varying equity risk premium: evidence from developed markets

Haque, Mahfuzul; Kouki, Imen - In: Journal of Risk Finance 10 (2009) May, pp. 261-276

investors psyche, eroding confidence as volatility increases. Design/methodology/approach – The volatility of the indices in …-term assets do not provide the investors with the reward they usually seek, but results are mixed in the case of holding long … as that of October 19, 1987. This paper will be of value to policy makers and managers/institutional investors and those …

Persistent link: https://www.econbiz.de/10004979811

An info-gap approach to managing portfolios of assets with uncertain returns

Beresford-Smith, Bryan; Thompson, Colin J. - In: Journal of Risk Finance 10 (2009) May, pp. 277-187

Purpose – The purpose of this paper is to provide a quantitative methodology based on information-gap decision theory for dealing with (true) Knightian uncertainty in the management of portfolios of assets with uncertain returns. Design/methodology/approach – Portfolio managers aim to...

Persistent link: https://www.econbiz.de/10004979813

The nature of randomness: Part 1 – Knowable or unknowable?

Powers, Michael R. - In: Journal of Risk Finance 9 (2008) January, pp. 5-8

Purpose – In this two-part series, this paper seeks to consider certain intriguing aspects of randomness, the basic mathematical concept used to model financial risk and other unknown quantities in the physical world. Design/methodology/approach – Part 1 applies concepts from quantum physics...

Persistent link: https://www.econbiz.de/10004987489